To be honest, who would voluntarily pay more for electricity than they have to? Many consumers don’t realize that change electricity supplier with a premium can be connected. This is especially annoying for those who are either too lazy to switch or don’t dare. In doing so, you can save a lot of money.
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When is it worth switching electricity providers?
Instead of getting annoyed about constantly rising electricity prices and accepting the usually expensive electricity tariffs of the local municipal works and suppliers, you should become active and find out about switching to another provider. Basically, as a consumer, you can assume that it is worth changing the electricity supply. It is therefore advisable to check the current market situation and compare tariffs at least once a year.
Change electricity provider step by step
You can switch to another electricity provider at any time. If you have found a new, cheaper one, there is basically nothing to be said against it if you take the following four steps into account:
- price comparison
- electricity contract
- Confirmation of termination
- Current meter reading
price comparison
In order to be able to make a realistic price comparison, it is important to know your annual electricity consumption. You can easily find out by looking at your last electricity bill. There are numerous electricity price calculators on the Internet that can be used to easily compare tariffs and prices. It is also possible to contact the respective providers directly via these portals. Before making the switch, be sure to read the fine print. This is the only way to ensure that you avoid prepayments, deposit payments, electricity packages and terms that are more than one year. If you want to switch to a green electricity provider, you should only consider those who are recognized green electricity seals such as “green electricity” or “ok-power”.
electricity contract
Once you have made your choice, the electricity contract must be filled out. The following information and data is required for this:
- the Name of previous electricity supplier and that of the network operator
- the customer number with the previous supplier (can be found on the annual bill)
- the power consumption of the last year
- the Electricity meter number (stands on a sticker or plaque on the meter)
- the meter reading is only entered on the day of the change, which is announced by the new electricity provider
Confirmation of termination
The new electricity provider is authorized to terminate the contract with the previous supplier. Since there is a fourteen-day cancellation period, it must be expected that some electricity providers will wait until the end of this period to process the cancellation. You will then receive a final invoice and a confirmation of termination from the previous provider. The new electricity supplier then reports you to the network operator. If the re-registration has been confirmed by the supplier, you will receive a welcome letter from the new supplier. This will tell you what advances are to be paid and when delivery will begin.
Current meter reading
At the end of the old contract, the new electricity provider or network operator asks their new customer to provide the current meter reading. If the request is not made, it is advisable to note the reading of the meter in your own interest. If there are problems with billing, this can be important. If you paid too much to the previous electricity supplier via the advance payments, you get the majority back with the final bill.
What else needs to be considered when changing?
Especially cheap electricity providers should be checked carefully. There is a very high probability that these providers will save elsewhere, for example on service. The consequence of this could be that there are problems with the monthly payment, the tariff change, the bill or reading the electricity meter reading. It is therefore advisable not only to compare electricity prices in advance, but also to read the reviews of other users. A good and reliable electricity provider is also characterized by good service.
Conclusion – Changing an electricity supplier saves money
Switching electricity providers saves money and is easier than you think. The time invested always pays off if you can reduce electricity costs by switching.
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